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<p>[QUOTE="OldGoldGuy, post: 2073466, member: 72697"]Funny story related to this. I have been hunting a specific coin for around 6 months now. There is an ebay seller that has one listed, and has relisted this coin a minimum of 6x at the same price since I have been watching it. And by watching it, I do not mean using ebay's function, just physically searching for it, and confirming it is the same coin by its serial number (it is NGC graded). The coin is listed at a ridiculous high price with a best offer option. So around 4 months ago, I made a strong offer based off of past sales of this coin in similar condition and a small premium I was willing to pay. The buyer declined. I waited a month, and made another offer with a message stating "this coin has not sold for more than $500 before in any searchable auction history, if you are seriously attempting to sell this coin, please at least make a counter to my offer so that I can see how far apart we are"....I was polite and concise. A day goes by. Offer declined notice is sent. No message. If you are keeping track, I have made 2 offers on this item up to now. Time passes and I am unable to locate another example of this coin at any coin show I attend for months, online auctions, etc. I really want this coin. And this particular one happens to have some positive characteristics about it that fall into the "buy the coin not the slab" category and I am toying with the idea of making one last stronger offer. So a few days ago, I make a third offer, 15% higher than any selling price I can find in this coins history. I get a message saying "you are unable to make an offer on this item because the seller has decided to not accept offers from you" or something along those lines. WHAT?!?! He has not received ANY other offers on the item. Nobody is watching it. I am the only person trying to buy this from him/her. And because I made offers correlated to actual sales prices PLUS a premium, but which fall about 40% below his/her asking price, he blocked me as a problematic buyer. I could not believe it. I have a mid-3-digit, 100% positive rating. I pay within 15 seconds of every won item. PROBLEMATIC BUYER???? </p><p><br /></p><p>So with a little research, I found out a little more on this seller. Apparently they are known as price gouging, sheister salesmen. I guess because I was an educated buyer they knew they would not be able to milk me for almost double the coins true value and didn't want to waste time on my more than fair offers. This is the part of the hobby that takes discipline. As your collection grows, the coins you need get harder to find, less of them in the market, etc. Not allowing oneself to overbid, overpay, etc is crucial. I want that coin. But I can keep searching for another 6 months rather than pay almost $1000 for a $450-$550 coin.[/QUOTE]</p><p><br /></p>
[QUOTE="OldGoldGuy, post: 2073466, member: 72697"]Funny story related to this. I have been hunting a specific coin for around 6 months now. There is an ebay seller that has one listed, and has relisted this coin a minimum of 6x at the same price since I have been watching it. And by watching it, I do not mean using ebay's function, just physically searching for it, and confirming it is the same coin by its serial number (it is NGC graded). The coin is listed at a ridiculous high price with a best offer option. So around 4 months ago, I made a strong offer based off of past sales of this coin in similar condition and a small premium I was willing to pay. The buyer declined. I waited a month, and made another offer with a message stating "this coin has not sold for more than $500 before in any searchable auction history, if you are seriously attempting to sell this coin, please at least make a counter to my offer so that I can see how far apart we are"....I was polite and concise. A day goes by. Offer declined notice is sent. No message. If you are keeping track, I have made 2 offers on this item up to now. Time passes and I am unable to locate another example of this coin at any coin show I attend for months, online auctions, etc. I really want this coin. And this particular one happens to have some positive characteristics about it that fall into the "buy the coin not the slab" category and I am toying with the idea of making one last stronger offer. So a few days ago, I make a third offer, 15% higher than any selling price I can find in this coins history. I get a message saying "you are unable to make an offer on this item because the seller has decided to not accept offers from you" or something along those lines. WHAT?!?! He has not received ANY other offers on the item. Nobody is watching it. I am the only person trying to buy this from him/her. And because I made offers correlated to actual sales prices PLUS a premium, but which fall about 40% below his/her asking price, he blocked me as a problematic buyer. I could not believe it. I have a mid-3-digit, 100% positive rating. I pay within 15 seconds of every won item. PROBLEMATIC BUYER???? So with a little research, I found out a little more on this seller. Apparently they are known as price gouging, sheister salesmen. I guess because I was an educated buyer they knew they would not be able to milk me for almost double the coins true value and didn't want to waste time on my more than fair offers. This is the part of the hobby that takes discipline. As your collection grows, the coins you need get harder to find, less of them in the market, etc. Not allowing oneself to overbid, overpay, etc is crucial. I want that coin. But I can keep searching for another 6 months rather than pay almost $1000 for a $450-$550 coin.[/QUOTE]
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